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Oct 22, 2012
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in terms of revenue and they warn there's a slowdown coming and will continue and we heard that from doug this morning, the ceo of caterpillar. it helped that stock. i'll get to that in a moment. we were down 110 points midday and then we started a comeback of sorts late in the day. but we did and we are now below or have been below 50-day moving average. one-year chart of the dow here. i want to see this carefully here. it's not that precise. what we might be doing is moving below the 50-day moving average and then testing it again to the upside. we'll watch that over the next day or so very carefully. the best performing dow component today was caterpillar. they set the negative tone this morning with the warning and here it is up 1.4% on the day. ge was the worst performer among dow components with the soft earnings on friday. it was down sharply that day and down 1.46% today. the dow is positive for the day. despite that, here's something we haven't talked about in a while. the fare indicator rising again. the vix up for the first time since mid june. we'll watch that carefully. still
in terms of revenue and they warn there's a slowdown coming and will continue and we heard that from doug this morning, the ceo of caterpillar. it helped that stock. i'll get to that in a moment. we were down 110 points midday and then we started a comeback of sorts late in the day. but we did and we are now below or have been below 50-day moving average. one-year chart of the dow here. i want to see this carefully here. it's not that precise. what we might be doing is moving below the 50-day...
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Oct 1, 2012
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>> i was talking, bob pisani, to doug kass who of course is putting money to work in this market on the short side. in particular. and i asked him that question. when are fundamentals going to matter again? he said when the stock market doesn't work anymore. that's when they will matter. when people feel that it's just not working. that even though they are putting money to work in the market, the market is not responding. when that happens, we don't know, but at some point fundamentals matter. >> yeah, well ult mattly they still do matter. i agree the markets have been distorted by qe, marie wra. on the earnings, nick has it right. earnings has been slowing down but have been spectacular in the last two years. 2010, earnings of the s&p were up 38%. 2011, 16%. of course they're going to come down. the low-term average growth i think is 7%. if we get growth this year, it's not like the last few years but it's still growth. we probably get something similar next year as well. the question is, is qe 3 the earnings trough? can you talk to that, guys? nick, can you address that issue? i'm a
>> i was talking, bob pisani, to doug kass who of course is putting money to work in this market on the short side. in particular. and i asked him that question. when are fundamentals going to matter again? he said when the stock market doesn't work anymore. that's when they will matter. when people feel that it's just not working. that even though they are putting money to work in the market, the market is not responding. when that happens, we don't know, but at some point fundamentals...
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Oct 31, 2012
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. >>> for more we bring in keith springer of springer financial advisers and brian piscarowski and doug, thank you for joining us. how did the markets handle the first day back after that two-day shutdown from your standpoint? >> well we had a compressed three days into one, did a fine job. there wasn't much going on. i think investors are being neutral going into the election. we had a little bit of a pullback i feel because it's factoring in a romney victory, he said he would get rid of the stimulus, which would not be all the best news for this market, which i think is stimulus addicted. we got the fiscal cliff it's dealing with. for the most part it handled it really well. i'm expecting a good rally after the election after a tough october i would think we'll rally to new highs after the election, but with that earnings, investors have to be careful here and like what we're doing for our clients you need to pare back risk at that point, being wary of what the market will do next which is probably not pretty. >> happy you have your san francisco giants gear on. >> that's right. >> wo
. >>> for more we bring in keith springer of springer financial advisers and brian piscarowski and doug, thank you for joining us. how did the markets handle the first day back after that two-day shutdown from your standpoint? >> well we had a compressed three days into one, did a fine job. there wasn't much going on. i think investors are being neutral going into the election. we had a little bit of a pullback i feel because it's factoring in a romney victory, he said he would...
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Oct 5, 2012
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market. >> doug, we keep talking about the fact that the fed is impacting the markets. what's your take on this? could you give us some quantity of what the s&p 500 would be at if the fed wasn't intervening in the markets. >> you know, i mean, market's at 13 times earnings. it's not like we have some human premium built in because of the fed. the better question is, if you believe what you say, which is the fed's moving the market up, then there's a global conspiracy against people who have their money in cash and bonds. because in the end, central banks around the world are deflating their kucurrency, and there's no worse place to be. >> and i thought the conspiracy was in the jobs number. teasing. >> conspiracies everywhere. >> thanks, guys. >> one final quick point, gang. a lot of people that don't trust the fundamentals still have been long stocks. we're not saying don't be long on stocks. i think stocks continue to go up. but that spread between fundamentals and what stocks are doing, there has to be a day of reckoning. >> got it. thanks, guys. meanwhile, something
market. >> doug, we keep talking about the fact that the fed is impacting the markets. what's your take on this? could you give us some quantity of what the s&p 500 would be at if the fed wasn't intervening in the markets. >> you know, i mean, market's at 13 times earnings. it's not like we have some human premium built in because of the fed. the better question is, if you believe what you say, which is the fed's moving the market up, then there's a global conspiracy against...
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Oct 26, 2012
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liz: doug jones industrials is on track to finish the week lower even though, you know what, when nearly fumbled of the games we just had, but there have been some pretty big movement. let's go to robert gray in the newsroom. what you picking of year. >> reporter: were taking a look at one of the winners. the big slide here. a pretty decent week. as of 3% on the week, up 1% and change in today's session. not a lot of news flow on intel, but certainly seeing the insiders, the ceo and cfo among them buying the stock. a lot of inside stockholders, a lot of folks follow this to see what insiders are buying. they sell for various reasons and usually only buy when they think it's going higher. it could be the surface hoopla hoping to raise intel, but here are the winners. procter and gamble down today, but up for the week, and caterpillar. take a look at some of the losers. dupont. disappointing earnings. 3m. actually millennial media, cisco systems as well up today, but down for the week. basically in sympathy with some of the other tech losers. take a look at the s&p 500, an interesting hodg
liz: doug jones industrials is on track to finish the week lower even though, you know what, when nearly fumbled of the games we just had, but there have been some pretty big movement. let's go to robert gray in the newsroom. what you picking of year. >> reporter: were taking a look at one of the winners. the big slide here. a pretty decent week. as of 3% on the week, up 1% and change in today's session. not a lot of news flow on intel, but certainly seeing the insiders, the ceo and cfo...
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Oct 22, 2012
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>> well, doug is a great partner of ours and we work together very closely. i do agree with what he says. this opportunity that our country and the opportunity has to benefit from global growth and it's being led by china now is critically important. i understand the need to deal with china so that free trade is also fair trade but i think it's really important that we find ways to work together to deal with the issues that we're facing. >> what do you think in terms of the economics? the landscape right now. i know this has been an engine of growth for your business and engine of growth for the world. we know there's a slowdown. what do you see on the ground from business today? >> there's a slowdown. chinese government took steps last year to reign in inflation and that appears to be having the desired effect. china continues to consume copper in infrastructure projects and they're taking steps to stimulate their economy and we're successful in replacing our copper concentrates and other products into china and we're very optimistic about the long run but t
>> well, doug is a great partner of ours and we work together very closely. i do agree with what he says. this opportunity that our country and the opportunity has to benefit from global growth and it's being led by china now is critically important. i understand the need to deal with china so that free trade is also fair trade but i think it's really important that we find ways to work together to deal with the issues that we're facing. >> what do you think in terms of the...